TSR | Jotup

Stora Enso resolved on two new long-term incentive plans for key employees

Retrieved on:

Thursday, February 1, 2024

EPS, Social Security, Tax, Reward, CO2, Employment, EUR, STE, Remuneration, TSR, Management

HELSINKI, Feb. 1, 2024 /PRNewswire/ -- The Board of Directors of Stora Enso Oyj has resolved to establish two new share-based incentive plans for the key employees of the Group and its subsidiaries.

Key Points:

HELSINKI, Feb. 1, 2024 /PRNewswire/ -- The Board of Directors of Stora Enso Oyj has resolved to establish two new share-based incentive plans for the key employees of the Group and its subsidiaries.
Stora Enso's goal is to offer remuneration that motivates, encourages, attracts, and retains top-tier employees.
The purpose of the plans is to align the key employees' interests with those of the shareholders to increase the Company's value in the long term, as well as to retain the key employees and offer them competitive share-based incentive schemes.
In the plan, the target group has an opportunity to be rewarded Stora Enso Oyj shares based on performance.

Stora Enso resolved on two new long-term incentive plans for key employees

Retrieved on:

Thursday, February 1, 2024

EPS, Social Security, Tax, Reward, CO2, Employment, EUR, STE, Remuneration, TSR, Management

HELSINKI, Feb. 1, 2024 /PRNewswire/ -- The Board of Directors of Stora Enso Oyj has resolved to establish two new share-based incentive plans for the key employees of the Group and its subsidiaries.

Key Points:

HELSINKI, Feb. 1, 2024 /PRNewswire/ -- The Board of Directors of Stora Enso Oyj has resolved to establish two new share-based incentive plans for the key employees of the Group and its subsidiaries.
Stora Enso's goal is to offer remuneration that motivates, encourages, attracts, and retains top-tier employees.
The purpose of the plans is to align the key employees' interests with those of the shareholders to increase the Company's value in the long term, as well as to retain the key employees and offer them competitive share-based incentive schemes.
In the plan, the target group has an opportunity to be rewarded Stora Enso Oyj shares based on performance.

I-RES Reaffirms Shareholders Should Reject ALL EGM Proposals

Retrieved on:

Tuesday, January 30, 2024

Circular, Research, Government, ALL, CFO, EGM, NAV, ESG, Outline, Risk management, TSR, Shareholder, Advisory board, Benchmarking, Dragon (magazine), Goodbody Stockbrokers, Financial management, Management

Vision has cited the Company’s strategic updates since internalisation as evidence that the proposed Strategic Review will be ‘entrenched’ and ‘self-serving’.

Key Points:

Vision has cited the Company’s strategic updates since internalisation as evidence that the proposed Strategic Review will be ‘entrenched’ and ‘self-serving’.
I-RES therefore reiterates that it has a balanced and high-quality portfolio, well-managed by I-RES in the interests of all Shareholders.
The Board continues to recommend Shareholders vote against all resolutions proposed by Vision at the forthcoming EGM.
I-RES reiterates that it will review all value maximisation options with an independent, skilled Board in the interests of all Shareholders.

TSR, Inc. Reports Results for the Second Quarter Ended November 30, 2023

Retrieved on:

Thursday, January 11, 2024

Finance, Consulting, Professional Services, Other Professional Services, Human Resources, Growth, Insurance, Acquisition, Publishing, TSR, TSR, Inc., Information technology

TSR, Inc. (Nasdaq: TSRI) (“TSR” or “the Company”), a provider of information technology consulting and recruiting services, today announced financial results for the second quarter ended November 30, 2023.

Key Points:

TSR, Inc. (Nasdaq: TSRI) (“TSR” or “the Company”), a provider of information technology consulting and recruiting services, today announced financial results for the second quarter ended November 30, 2023.
For the quarter ended November 30, 2023, revenue decreased 16.8% from the same quarter last year to $21.7 million.
The Company ended the quarter with a strong balance sheet with $14.8 million in net working capital or approximately $6.91 per share.
This resulted in net income of $460,000 as compared to $674,000 in the prior year’s second quarter.

u-blox module unlocks new automotive use cases

Retrieved on:

Thursday, January 4, 2024

Partnership, OEM, Wi-Fi 6, M.2, TSR, Gold, Wireless, Thalwil, Sample, Bluetooth Low Energy, Communication, Bluetooth, TWT, Growth, Congestion, Filter, NXP Semiconductors, MU-MIMO, LTE, Mobile phone

The new u-blox JODY-W6 module features concurrent dual-band Wi-Fi 6E and Bluetooth® LE Audio and operates even in high temperatures.

Key Points:

The new u-blox JODY-W6 module features concurrent dual-band Wi-Fi 6E and Bluetooth® LE Audio and operates even in high temperatures.
The new module targets automotive use cases in infotainment and navigation, advanced telematics, as well as OEM telematics.
According to the TSR* (Techno Systems Research CO. LTD.) Wireless Connectivity Market Report, Wi-Fi 6 and 6E technologies are experiencing significant and promising growth in the automotive industry.
“The AW693 SoC (System-on-Chip) embedded in the automotive JODY-W6 SoM (System-on-Module) leverages the latest concurrent dual-band Wi-Fi 6E and Bluetooth LE audio technologies to unlock new opportunities for a wide variety of use cases and businesses in the automotive domain.

Dayco and NHRA's Tony Stewart Racing Continue Partnership for 2024 Season

Retrieved on:

Wednesday, December 20, 2023

NHRA, Marketing, Partnership, Top Fuel, Leah Pruett, TSR, NASCAR, PRI, USAC, INDYCAR, PTFE, Gatornationals, Typesetting

Dayco Blower Belts Are 'Belt of Choice' for Team's Funny Car and Top Fuel Dragster

Key Points:

Both Matt Hagan, 4-time Funny Car champion, and Tony Stewart, NASCAR, INDYCAR and USAC Champion, will compete in their respective categories using Dayco blower belts on the track.
"I'm looking forward to continuing our partnership with Dayco in 2024," said Tony Stewart, owner, TSR.
Hagan and Stewart will kick-off the 2024 NHRA season March 8-10, at the NHRA Gatornationals in Gainesville, Florida.
Matt Hagan, Tony Stewart and Leah Pruett of Tony Stewart Racing join the Dayco marketing team at their booth during the PRI show for an autograph session with fans.

Lantronix Appoints Saleel Awsare to Its Board of Directors

Retrieved on:

Tuesday, November 21, 2023

PSU, RSU, TSR, Intelligence, Internet of things, Industrial, Employment

IRVINE, Calif., Nov. 21, 2023 (GLOBE NEWSWIRE) -- Lantronix Inc. (the “Company”) (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Industrial Internet of Things (IoT) and the Intelligent IT market, today announced that Lantronix president and CEO Saleel Awsare has joined the Company’s Board of Directors, effective Nov. 20, 2023.

Key Points:

IRVINE, Calif., Nov. 21, 2023 (GLOBE NEWSWIRE) -- Lantronix Inc. (the “Company”) (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Industrial Internet of Things (IoT) and the Intelligent IT market, today announced that Lantronix president and CEO Saleel Awsare has joined the Company’s Board of Directors, effective Nov. 20, 2023.
With the appointment of Mr. Awsare, the Board consists of five directors, four of whom the Board has determined are independent under applicable listing standards of the NASDAQ Stock Market.
The PSU award tied to the Company’s FY24 PSU Plan is scheduled to vest based on the Company’s performance over fiscal 2024–2026.
The RSUs and PSUs are granted as employment inducement awards in accordance with NASDAQ Listing Rule 5635(c)(4).

Whitebox Advisors Sends Letter to Samsung C&T Corporation’s Board of Directors Regarding Immediate Opportunities to Enhance Shareholder Value

Retrieved on:

Wednesday, December 13, 2023

We are a long-term shareholder that has repeatedly sought to engage with SCT’s Board of Directors (the “Board”) and representatives of the management team in a constructive, private manner since 2017.

Key Points:

We are a long-term shareholder that has repeatedly sought to engage with SCT’s Board of Directors (the “Board”) and representatives of the management team in a constructive, private manner since 2017.
SCT includes treasury share cancellation as part of its Shareholder Return Policy, but we would not characterise this as a shareholder return.
The Company has destroyed shareholder value, with a track record of decision making that appears to ignore the interests of its minority shareholders.
If the Board does not meaningfully engage with us on our recommendations to enhance shareholder value at SCT, we intend to share our views with our fellow shareholders in due course.

Commercial Vehicle ADAS Market to grow by USD 2.52 billion from 2023 to 2028, Aptiv Plc, Autoliv Inc., Brandmotion LLC and more among key companies - Technavio

Retrieved on:

Friday, December 15, 2023

NEW YORK, Dec. 15, 2023 /PRNewswire/ -- The commercial vehicle adas market is estimated to grow by USD 2.52 billion from 2023 to 2028, growing at a CAGR of 12.39%.

Key Points:

NEW YORK, Dec. 15, 2023 /PRNewswire/ -- The commercial vehicle adas market is estimated to grow by USD 2.52 billion from 2023 to 2028, growing at a CAGR of 12.39%.
The commercial vehicle adas market is fragmented owing to the presence of many global and regional companies.
Autoliv Inc. - The company offers commercial vehicle ADAS such as driver airbags, side curtain airbags, seatbelts and pyrotechnical safety switches.
The commercial vehicle propeller shaft market size is estimated to grow at a CAGR of 4.64% between 2022 and 2027.

EQB Completes Acquisition of Majority Interest in ACM Advisors

Retrieved on:

Thursday, December 14, 2023

Growth, Acquisition, ACM, TSR, AUM, TSX, Organization, Partnership, EQB, Trust

TORONTO, Dec. 14, 2023 /PRNewswire/ - EQB Inc. ("EQB") (TSX: EQB) and (TSX: EQB.PR.C) today announced the successful completion of its previously announced acquisition of a 75% interest in ACM Advisors Ltd., ("ACM") one of Canada's largest and most well-respected alternative asset managers with nearly $5 billion in assets under management.

Key Points:

TORONTO, Dec. 14, 2023 /PRNewswire/ - EQB Inc. ("EQB") (TSX: EQB) and (TSX: EQB.PR.C) today announced the successful completion of its previously announced acquisition of a 75% interest in ACM Advisors Ltd., ("ACM") one of Canada's largest and most well-respected alternative asset managers with nearly $5 billion in assets under management.
"In ACM, we gain a trusted name that pioneered a specialized area of wealth and asset management for institutional and accredited retail investors.
We couldn't be more excited about this partnership thanks to the ACM team's superior talent, proven track record and promising scale."
We are thrilled to welcome Chad Mallow, Chad Mercer and the entire ACM team to EQB as we begin the exciting work of expanding our wealth management business opportunities together."